Thousands of people from all over the world flooded downtown for EthDenver, the largest ethereum event on the planet. Ethereum is a technology that powers applications and allows people to send cryptocurrency.
“NFTS, DAOs, cryptocurrencies – It’s all related,” said John Paller, founder of EthDenver. “The systems that we have are antiquated and we need to modernize and figure out how to advance our economic and social systems to keep up.”
Teams from all over the world gathered at the Sports Castle to build next-generation tech and compete for over a million dollars in prizes. The event also has a series of guest speakers and workshops.For Coloradans, the future of crypto is closer than many think.Of course, the state still budgets and spends money in dollars. But this summer, Colorado will become the first state to accept cryptocurrency for payment of state tax and fees.
“In Colorado, we’ve been laying the groundwork to be a center of crypto and blockchain innovation for a number of years,” said Polis. “We see it as a critical part of Colorado’s overall innovation ecosystem.”Denver is the first jurisdiction in the country to use blockchain to allow residents to vote overseas. Polis founded the blockchain caucus when he served in the United States Congress and Colorado was the first state to hire a chief blockchain architect.
Polis spoke to a large crowd at EthDenver Friday to share his excitement for the state’s digital future. “This future is about a new paradigm that creates opportunities for Coloradans and the communities they serve which goes well beyond the Colorado borders,” said Polis. “We want to harness the power of that technology to improve people’s lives.”
Ireland Latest News, Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Melania Trump to Launch POTUS Trump NFT Collection on Presidents DayFormer POTUS and crypto critic Donald Trump will launch an NFT collection of his own celebrating Presidents Day.
Read more »
Pplpleasr announces decentralized video platform at ETHDenverShibuya's first show will be 'White Rabbit,' which the artist as including elements of anime, the English drama Black Mirror and Web3.
Read more »
Vitalik Buterin Calls Canada's Use of Banks to Stifle Protestors 'Dangerous'The Canadian government's efforts to choke off the flow of funds to protesting truckers in Canada illustrate why cryptocurrencies exist, Ethereum founder VItalikButerin said. MarcHochstein reports
Read more »
Spellfire: Crypto Project Older Than Crypto Starts a ‘10 Days Growth’ Sprint – Sponsored Bitcoin NewsSpellfire has packed 30 years of history into an amazing experience and combined it with the latest trends of tomorrow. Defining the future of NFTs and
Read more »
UAE Readies Regulation to Attract Global Crypto Giants and Build Mining EcosystemThe UAE intends to lure in global cryptocurrency giants, such as Binance, by preparing amendments to local legislation and wants to begin mining cryptocurrencies in earnest
Read more »
US State Wants to Lead in Crypto Acceptance — Colorado to Accept Crypto for Tax Payments This Summer – Regulation Bitcoin NewsAccepting crypto will be “just like accepting a credit card but with a much lower transaction cost than a credit card,” said the governor. cryptocurrency bitcoin $BTC
Read more »